Pennant International Group (LON:PEN) Reaches New 12-Month High – Should You Buy?

Shares of Pennant International Group plc (LON:PEN) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 31 and last traded at GBX 29.44, with a volume of 223832 shares trading hands. The stock had previously closed at GBX 27.

Pennant International Group Stock Performance

The stock has a market capitalization of £13.34 million, a P/E ratio of -5.56 and a beta of 0.15. The company has a current ratio of 0.65, a quick ratio of 0.60 and a debt-to-equity ratio of 27.57. The company has a 50-day moving average price of GBX 24.07 and a 200 day moving average price of GBX 21.52.

Insider Activity at Pennant International Group

In related news, insider Jon Kempster acquired 50,000 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were purchased at an average cost of GBX 20 per share, with a total value of £10,000. Insiders own 37.03% of the company’s stock.

About Pennant International Group

Pennant, Maximising Operational Efficiency.

Pennant ensures systems are where they are needed, when they are needed and that they work, by providing systems support and training solutions to defence departments and major OEMs worldwide to maximise operational and maintenance efficiency. Other industries include space, aerospace, rail and shipping.

Pennant has an impressive portfolio that includes system support software (GenS, Analyzer and R4i) utilising one single source of truth database, technology led training systems covering software-based solutions, generic training devices and bespoke engineering, as well as technical services covering consultancy and technical documentation.

Today, Pennant has become a firmly established world leading supplier of systems support, technical services and training solutions, supported by a global innovative team working in offices in Europe, North America and Indo-Pacific.